Democrats are the party of government greed

NY Times:

Democrats Vow to Fight Republican Tax Provisions that Aid Rich

The Trump administration will use the budget reconciliation process, with only a simple majority, if necessary to overhaul the tax code.
The top one percent of taxpayers pay more in income taxes than the bottom 90 percent.   So, of course, those taxpayers who earn teh most will get a benefit from any meaningful tax cuts.  The bottom 90 percent benefit from increased earnings and jobs created by wealthy taxpayers spending or investing their savings in teh economy and by hiring more people.  Democrats prefer a dependency economy where they rake off money from teh rich and redistribute it in a less efficient manner.

The bottom 50 percent of income earners already pay virtually no income taxes.

Comments

Popular posts from this blog

Iraq says civilian casualties in Mosul caused by ISIS booby trap, not US air strike

Liberal fascists strike against Trump supporters in Berkeley

OPEC reduces production again in price maintenance program